PENGARUH BOARD DIVERSITY, KOMPENSASI DEWAN DIREKSI DAN KEPEMILIKAN MANAJERIAL DEWAN DIREKSI TERHADAP NILAI PERUSAHAAN

Analisis ◽  
2021 ◽  
Vol 11 (1) ◽  
pp. 1-20
Author(s):  
Marrieda Testarossa Pradana ◽  
Khairusoalihin Khairusoalihin
Keyword(s):  
Board Of Directors ◽  
Firm Value ◽  
Stock Exchange ◽  
Educational Background ◽  
Independent Directors ◽  
Managerial Ownership ◽  
Manufacturing Companies ◽  
Board Diversity ◽  
Company Value ◽  
The Board Of Directors

This study aims to determine the effect of the proportion of women in the board of directors, educational background of the board of directors and independent directors and compensation of the board of directors and managerial ownership on company value in goods and consumer sector manufacturing companies listed on the Indonesia Stock Exchange (BEI) in 2015 - 2019. The research population used is manufacturing companies in the goods and consumption sectors listed on the Indonesia Stock Exchange for the period 2015–2019. The method in this study uses proposive sampling. With this method, the number of samples in this study was obtained as many as 9 companies. The analytical tool of this study uses multiple linear regression. The results of the study show that (1) partially the educational background of the board of directors has a negative and significant effect on firm value, independent directors have a positive and significant effect on firm value, (2) while the proportion of women in directors, board compensation and managerial ownership has no effect. significant towards firm value, (3) simultaneously the proportion of women on the board of directors, educational background of the board of directors, independent directors, compensation for the board of directors and managerial ownership have a significant effect on firm value.

scholarly journals BOARD DIVERSITY AND FINANCIAL PERFORMANCE IN INDONESIA

2021 ◽  
Vol 2 (2) ◽  
pp. 86-95
Author(s):  
Werner Ria Murhadi ◽  
Deliana Azaria ◽  
Bertha Silvia Sutedjo
Keyword(s):  
Financial Performance ◽  
Board Of Directors ◽  
Firm Value ◽  
Independent Directors ◽  
Board Independence ◽  
Board Diversity ◽  
Company Value ◽  
Large Size ◽  
The Board Of Directors ◽  
The Relationship

Corporate governance has attracted many researchers to examine the relationship between board characteristics and financial performance. This study aims to determine the effect of board diversity, board size, and board independence on financial performance. This research is panel data with the number of observations reaching 1,355 years of observation. Financial performance is measured using accounting-based and market-based. It was found that the presence of female directors could not provide sound financial performance, even with a woman's prudence attitude would have an impact on decreasing the company's market value. The size of the board of directors does not affect financial performance, and the large size of the board of directors will have an impact on the decline in firm value. Independent directors are also not proven to be able to improve the company's financial performance; even the tendency of companies to carelessly fulfill the provisions of the rules regarding the existence of independent directors will bring a burden to the company so that it has an impact on the decline in company value.

Pengaruh Diversitas Dewan Komisaris dan Dewan Direksi Terhadap Kinerja Perusahaan (Studi Empiris: Perusahaan Manufaktur Di BEI Periode 2014-2018)

2021 ◽  
Vol 16 (1) ◽  
pp. 68-79
Author(s):  
LILIS GUSTIANA ◽  
Yeasy Darmayanti ◽  
Meihendri Meihendri
Keyword(s):  
Hypothesis Testing ◽  
Board Of Directors ◽  
Sampling Method ◽  
Stock Exchange ◽  
Educational Background ◽  
Company Performance ◽  
Manufacturing Companies ◽  
Educational Backgrounds ◽  
Age Diversity ◽  
The Board Of Directors

This study aims to determine the effect of board of commissioners and board of directors diversity on company performance in manufacturing companies listed on the Indonesia Stock Excharge for the  2014-2018 period.  By using purposive sampling method, obtained 45 samples of manufacturing companies listed on the Indonesia Stock Exchange. Based on the results of hypothesis testing, it was found that the age diversity of the board of commissioners had no significant effect on company performance; the diversity of board of  commissioners educational  background had no significant effect on company performance, the diversity of board of commissioners tenure had a significant effect on company performance. While the diversity of board of directors age had a significant effect on company performance, diversity the of educational backgrounds of the board of directors does not have a significant effect on company performance, and the diversity of tenure of the board of directors does not have a significant effect on company performance.  Keywords : Company Performance, Age, Education, Tenure, Board Of Commissioners Board Of Directors.

scholarly journals Pengaruh Dewan Direksi, Komisaris Non Independen, dan Kepemilikan Manajerial pada Kinerja Perusahaan Manufaktur di BEI

2020 ◽  
Vol 30 (8) ◽  
pp. 1985
Author(s):  
I Made Dany Yadnyapawita ◽  
Ayu Aryista Dewi
Keyword(s):  
Data Analysis ◽  
Linear Regression ◽  
Board Of Directors ◽  
Stock Exchange ◽  
Managerial Ownership ◽  
Company Performance ◽  
Manufacturing Companies ◽  
Food And Beverage ◽  
The Board Of Directors ◽  
The Relationship

The purpose of this study was to determine the effect of the Board of Directors, Non Independent Commissioners, and Managerial Ownership to Manufacturing Company Performance on the Indonesia Stock Exchange. This research was conducted at food and beverage sub-sector manufacturing companies listed on the Indonesia Stock Exchange in the period 2014-2018. Data analysis uses multiple linear regression to determine the relationship between more than two variables. Based on the results of the study stated the Board of Directors statistically has no significant effect to company performance (ROA). Non independent commissioners statistically has no effect to company performance (ROA), Managerial ownership has no statistically significant effect to company performance (ROA). Keywords: Board Of Directors; Independent Commissioners; Managerial Ownership; Company Performance.

scholarly journals Pengaruh Board Diversity Pada Nilai Perusahaan Dalam Perspektif Corporate Governance

2019 ◽  
pp. 2070 ◽  
Author(s):  
Ni Luh Putu Purna Yogiswari ◽  
I Dewa Nyoman Badera
Keyword(s):  
Corporate Governance ◽  
Firm Value ◽  
Stock Exchange ◽  
Gender Diversity ◽  
Educational Background ◽  
Manufacturing Companies ◽  
Outside Directors ◽  
Board Diversity ◽  
Chemical Manufacturing ◽  
Nationality Diversity

Board composition is one particular issue regarding corporate governance. This study aims to find empirical evidence regarding the effect of board diversity proxied by gender diversity, nationality diversity, educational background, and the proportion of outside directors on firm value. This research was conducted in basic industrial and chemical manufacturing companies listed on the Indonesia Stock Exchange with an observation period of 3 years, those of from 2015-2017. The method of determining the sample uses a purposive sampling. The sample of this study amounted to 39 companies with a total of 117 samples. Based on the results of the analysis, it can be concluded that gender diversity and the proportion of outside directors have no effect on firm value while there is a positive effect between nationality diversity and educational background on firm value. Keywords: Board diversity, corporate governance, and firm value.

scholarly journals Pengaruh Kepemilikan Keluarga, Ukuran Dewan Direksi, Dan Proporsi Direktur Independen Terhadap Tingkat Pengungkapan Sukarela

2019 ◽  
Vol 1 (3) ◽  
pp. 1376-1391
Author(s):  
Ridwan Ridwan ◽  
Mayar Afriyenti
Keyword(s):  
Board Of Directors ◽  
Voluntary Disclosure ◽  
Sampling Method ◽  
Stock Exchange ◽  
Secondary Data ◽  
Independent Directors ◽  
Family Ownership ◽  
Board Structure ◽  
Manufacturing Companies ◽  
The Board Of Directors

This study aims to examine the effect of family ownership, board size, and the proportion of independent directors on the level of voluntary disclosure. This research is classified as causative research. The population in this study are manufacturing companies listed on the Indonesia Stock Exchange (IDX) in 2015-2017. By using the purposive sampling method, there are 57 companies as research samples. Family ownership is measured by the percentage of share ownership, the size of the board of directors is measured by the number of board of directors of the company, the proportion of independent directors is measured by the percentage of independent directors on board structure and voluntary disclosure is measured by the disclosure index. The type of data used is secondary data obtained from www.idx.co.id. The analytical method used is multiple linear regression. The results of this study show Family ownership has a negative and significant effect on the level of voluntary disclosure. The size of the board of directors has a positive and significant effect on the level of voluntary disclosure, and the proportion of independent directors has a positive and not significant effect on the level of voluntary disclosure.

scholarly journals Leverage, Kepemilikan Manajerial, Kinerja Lingkungan dan Nilai Perusahaan: Studi Empiris pada Perusahaan Manufaktur di Indonesia

2021 ◽  
Vol 31 (7) ◽  
pp. 1667
Author(s):  
Ida Ayu Widhi Rismayanti ◽  
I Gusti Ayu Made Asri Dwija Putri
Keyword(s):  
Regression Analysis ◽  
Environmental Performance ◽  
Firm Value ◽  
Stock Exchange ◽  
Managerial Ownership ◽  
Manufacturing Companies ◽  
Company Value ◽  
Analysis Technique ◽  
Research Population ◽  
High Level

A good company value is more than just a high level of profit achievement. The use of debt, some of the shares owned by management, and the company's performance in relation to its environment all have the potential to increase firm value. The purpose of this study is to empirically test the effect of leverage, managerial ownership, and environmental performance on firm value. The research population for this study is PROPER participating manufacturing companies that are listed on the Indonesia Stock Exchange between 2017 and 2019. Purposive sampling is a method of determining the sample. Multiple regression analysis was used as the analysis technique. According to the findings of this study, leverage, managerial ownership, and environmental performance can all increase firm value. Keywords: Leverage; Managerial Ownership; Environmental Performance; Firm Value.

scholarly journals The Influence of Good Corporate Governance, Financial and Environmental Performance towards Firm Value: Case of Manufacturing Companies in Indonesia

2019 ◽  
Vol 9 (1) ◽  
pp. 4610-4613
Keyword(s):  
Board Of Directors ◽  
Environmental Performance ◽  
Firm Value ◽  
Audit Committee ◽  
Stock Exchange ◽  
Manufacturing Companies ◽  
Asset Return ◽  
Return On Equity ◽  
Good Corporate Governance ◽  
The Board Of Directors

This study aims to observe and analyze the influence of proportion of independent board commissioners, the audit committee, board of directors, return on asset, return on equity and environmental performance towards firm value. Firm value was proxied with Tobin’s Q. The population in this study is manufacturing companies listed in Indonesia Stock Exchange year 2013 – 2017. The study used 18 sample companies from 160 companies. The sample was determined by using purposive sampling. The result of this study showed that proportion of independent board commissioners, audit committee and Return On Assets has a significant effect on firm value while the board of directors, Return On Equity and PROPER has no significant effect on firm value.

STRUKTUR KEPEMILIKAN DAN NILAI PERUSAHAAN: (STUDI PADA PERUSAHAAN MANUFAKTUR YANG LISTING DI BURSA EFEK INDONESIA)

Jurnal Varian ◽  
2018 ◽  
Vol 1 (2) ◽  
pp. 41-49
Author(s):  
Restu Fahdiansyah ◽  
Jihadil Qudsi ◽  
Adam Bachtiar
Keyword(s):  
Ownership Structure ◽  
Firm Value ◽  
Stock Exchange ◽  
Agency Problems ◽  
Institutional Ownership ◽  
Shareholder Wealth ◽  
Managerial Ownership ◽  
Manufacturing Companies ◽  
Ownership Structures ◽  
Company Value

The purpose of company management in general is to generate profit, but furthermore the management of the company is required to improve the welfare of the owners of the company or in this case the shareholders. To achieve these objectives, it is necessary to have ownership structures that can provide maximum supervision to managers in order to carry out their duties to improve the welfare of the owners of the company through increasing the value of the company. This is in accordance with the agency theory developed by Jensen Meckling stating that the manager as an agent delegated by the owner of the company to manage the company. In the process of managing the company, according to Jensen Meckling there is possible occurrence of agency problems, which arise because of the tendency of managers to not always make decisions that aim to meet the interests of principals or owners of the company to the fullest. To align the interests of managers and owners of the company so as to reduce agency problems, it is necessary to have a good ownership structure, capable of monitoring the performance of management in meeting the interests of the owner of the company. Therefore, this study would like to examine how ownership structures proxied with institutional ownership and managerial ownership can influence the value of firms that can ultimately have an impact on increasing shareholder wealth. This study tested 71 manufacturing companies listed on the Indonesian Stock Exchange in 2016 using multiple regression analysis techniques. The test results show the significant influence of variables with institutional ownership and managerial ownership of firm value, which shows that the ownership structure that allows the owner of the company to supervise the performance of the company's management can have an impact on the increase of company value.

scholarly journals The effect of corporate governance on company value (Empirical study of LQ 45 companies listed on the Indonesia Stock Exchange period 2015-2017)

2019 ◽  
Vol 9 (2) ◽  
pp. 155
Author(s):  
Karmila Febrianti ◽  
Nurul Hasanah Uswati Dewi
Keyword(s):  
Corporate Governance ◽  
Board Of Directors ◽  
Firm Value ◽  
Audit Committee ◽  
Stock Exchange ◽  
Institutional Ownership ◽  
Managerial Ownership ◽  
Governance Mechanism ◽  
Company Value ◽  
Independent Audit

This research aims to examine the effect of corporate governance on company value of LQ 45 companies listed on the Indonesia Stock Exchange (IDX). The corporate governance mechanism consists of institutional ownership, proportion of independent commissioner, managerial ownership, independent audit committee, remuneration and nomination committee, board of directors, and board of commissioners, while firm value is proxied by Tobin’s Q. This research used 106 companies as a sample taken from a population of 135 companies in LQ 45 listed on the Indonesia Stock Exchange (IDX) period 2015-2017. The data were analyzed using a multiple linier regression analysis with SPSS program. The result shows that corporate governance mechanisms which are proxied by institutional ownership, proportion of independent commissioners, board of directors, and board of commissioners have an effect on firm value, while the corporate governance which are proxied by managerial ownership, independent audit committee, and remuneration and nomination committee have no effect on firm value.

scholarly journals Pengaruh kepemilikan manajerial dan leverage terhadap nilai perusahaan dengan kinerja keuangan sebagai variabel intervening

2021 ◽  
Vol 8 (2) ◽  
Author(s):  
Indah Royani ◽  
Rita Indah Mustikowati ◽  
Supami Wahyu Setyowati
Keyword(s):  
Financial Performance ◽  
Firm Value ◽  
Quantitative Research ◽  
Stock Exchange ◽  
Managerial Ownership ◽  
Manufacturing Companies ◽  
Purposive Sampling ◽  
Company Value

The purpose of this study is to find out how the influence of managerial ownership and leverage on firm value with financial performance as an intervening variable. This research is a type of quantitative research. The population in this study are manufacturing companies listed on the Indonesia Stock Exchange (IDX) during the 2017-2018 period. Samples were selected using purposive sampling. The results showed that managerial ownership had no effect on firm value. Leverage affects the value of the company. Managerial ownership does not affect financial performance. Financial performance affects the value of the company. Managerial ownership does not affect the value of the company through financial performance. And leverage has no effect on company value through financial performance.

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